Η Ινδία συνεχίζει να κυριαρχεί στην παγκόσμια υιοθέτηση κρυπτονομισμάτων

2024 has marked a significant milestone in the realm of Bitcoin and cryptocurrencies, as these digital assets gain further traction in the mainstream financial landscape. Early this year, the United States made headlines by approving the first crypto-based ETF, setting a precedent that saw Bitcoin’s value peak at an unprecedented $73,000 three months later.

Amidst this global enthusiasm for cryptocurrencies, India has consistently emerged as a leader in adoption rates. According to a recent Chainalysis report, for two consecutive years, India has maintained its position at the forefront of global cryptocurrency engagement. This leadership is notable especially given the country’s stringent regulatory approach towards this burgeoning industry.

The analysis encompassed the crypto engagement behaviors of over 150 nations from June 2023 to July 2024, with particular attention to the usage of both centralized and decentralized cryptocurrency exchanges. India’s robust performance in this sector is indicative of a deep and sustained interest in digital assets, despite past regulatory challenges.

Notably, Eric Jardine, a researcher at Chainalysis, highlighted in a Reuters interview that India’s crypto scene is remarkably vibrant across various digital assets, even amid restrictions. He pointed out that the growth includes “new participants through services that weren’t banned,” referring to the lifting of certain restrictions that had been placed on cryptocurrencies in 2018.

Jardine also mentioned Binance’s comeback as a significant marker of easing restrictions. After receiving a hefty $2.25 million fine, Binance re-entered the Indian market in August of this year following registration with the country’s Financial Intelligence Unit (FIU). This move is expected to further bolster India’s position in the global cryptocurrency adoption landscape, as noted by Chainalysis.

For more news, find me on Twitter Giannis Andreou and subscribe to My channels Youtube and Rumble

What is your opinion on this particular topic?  Leave us your comment below!  We are always interested in your opinion!